Mon.Feb 13, 2023

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The Real Cause of the Home Value Gap Is the Income Gap

Appraisers Blog

Blaming appraisers for the income gap will never solve the real underlying problem… Blaming appraisers for the income gap is as ridiculous as blaming appraisers for gun violence and gas prices. I watched the January 24, 2023 ASC Appraisal Bias hearing. Comments were requested after the hearing. This letter is my comment. I’ve been a real estate appraiser in Los Angeles, California for 40 years.

Appraisal 105
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Trust, Transparency, and Complexity

Harvard Corporate Governance

Posted by Robert C. Merton (Massachusetts Institute of Technology), and Richard T. Thakor (University of Minnesota), on Monday, February 13, 2023 Editor's Note: Richard T. Thakor is Assistant Professor of Finance at the University of Minnesota Carlson School of Management, and Robert Merton is Professor of Finance at the MIT Sloan School of Management.

Finance 254
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Top 5 Business Industries in Richmond, VA in 2023

Viking Mergers

Whether you’re buying or selling a business, it’s worth considering what’s happening in Richmond, VA, and across the Central and Southeastern Virginia regions. Many stellar colleges and universities in the area produce an incredible talent pool. The region also offers exceptional business development incentives for nearly every industry — some of the lowest rates for workers’ compensation and unemployment insurance and a low state corporate tax rate of 6%, which hasn’t changed since 1972.

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Vanguard-Advised Funds’ Perspective on Contested Elections

Harvard Corporate Governance

Posted by John Galloway, Vanguard, Inc., on Monday, February 13, 2023 Editor's Note: John Galloway is Global Head of Investment Stewardship at Vanguard, Inc. This post is based on a publication by Vanguard Investment Stewardship. Executive summary New rules requiring the use of a universal proxy card in contested director elections at U.S. public companies are expected to alter the dynamics under which contested director elections are conducted.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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What is productivity?

Mckinsey and Company

Simply put, productivity measures the amount of value created for each hour that is worked in a society.

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Top Restaurants in Charlotte, NC, During the Breakthrough Conference

Rhythm Systems

Welcome to Charlotte, North Carolina! Whether you’re here for business or pleasure, you’ll find plenty of delicious restaurants to keep your belly as full as your mind with all the great content you will be learning as our guests.

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More Trending

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Global Economics Intelligence executive summary, January 2023

Mckinsey and Company

Growth in most surveyed economies exceeds pessimistic expectations; inflation moderates but is still high, and central banks stay tightening course.

Banking 100
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Happiness or Success? Salesforce’s Marc Benioff Doesn’t Want to Choose.

NYT M&A

The chief executive, under pressure from activist investors, seeks to do well and do good — but his options are narrowing.

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Historic Performance of Your Business: What Is & Isn’t Still Working?

BV Specialists

When business appraisers value small to mid-size companies, the most common documents that are reviewed will include financial statements going back 3-5 years that track the company’s performance over its most recent history. This data should be indicative of past operational performance; however, the appraiser needs to carefully review what they see on paper with the business owner to fully understand the larger picture and potentially make adjustments in areas such as discretionary/variable ex

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Ouster and Velodyne Complete Merger of Equals to Accelerate Lidar Adoption

Business Wire M&A

SAN FRANCISCO--(BUSINESS WIRE) - $OUST--Ouster (NYSE: OUST), a leading provider of high-resolution digital lidar, and Velodyne, a global player in lidar sensors and solutions, announced the successful completion of their merger of equals, effective February 10, 2023. The combined company will keep the name Ouster and continue to trade on New York Stock Exchange under the ticker “OUST.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Sears Hometown Investors, Ex-Directors Reach $3.1M Deal

Law 360 M&A

Shareholders of Sears Hometown and Outlet Stores who filed a class action in Delaware after a 2019 go-private merger have settled claims with three former board directors for $3.1 million in cash, paring down the defendants in a trial scheduled to start Feb. 20.

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Insulet Acquires Insulin Pump Patents from Bigfoot Biomedical as Both Companies Prioritize Improved Insulin Delivery Technologies

Business Wire M&A

ACTON, Mass. & MILPITAS, Calif.--(BUSINESS WIRE)--Insulet Corporation (NASDAQ: PODD) (Insulet), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, and Bigfoot Biomedical (Bigfoot), a leader in developing intelligent connected injection support systems, today announced Insulet has acquired assets related to Bigfoot’s pump-based automated insulin delivery (AID) technologies.

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What To Expect From The House Select Committee On China

Law 360 M&A

Although the U.S. House of Representatives' new select committee on China cannot act on legislation, its bipartisan mandate may enable it to establish the conditions necessary for legislation to be adopted — or not — by Congress' other committees of jurisdiction, say attorneys at Arnold & Porter.

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Core & Main Signs Agreement to Acquire Landscape & Construction Supplies LLC

Business Wire M&A

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, has entered into a definitive agreement to acquire substantially all of the assets of Landscape & Construction Supplies LLC, a full-service provider of geosynthetics products, with two locations in the Chicago metropolitan area.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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DC Circ. Pushed To Follow 'Duty' To Remand Albertsons Case

Law 360 M&A

Attorneys general from the District of Columbia., California and Illinois have implored the D.C. Circuit to follow its established practice of vacating lower court rulings and remanding for further proceedings when someone other than the appellant moots an appeal, which they contend is the case in a challenge to Kroger and Albertsons' planned merger.

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Nation’s Largest Independent Multicultural Agency Sensis Acquires Transportation Industry Communications Leader Sharp & Company

Business Wire M&A

WASHINGTON--(BUSINESS WIRE)-- #Hispanic--Sensis, the largest and most diverse 100% minority-owned advertising agency in the country, is excited to announce its acquisition of Sharp & Company, a full-service communications consultancy that helps transportation organizations move projects forward by connecting with their stakeholders and the public in meaningful and productive ways.

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Microsoft's Sony Discovery Row Heats Up, Google On Deck

Law 360 M&A

Microsoft's fight for documents rebutting Federal Trade Commission allegations over the $68.7 billion planned acquisition of Activision has heated up, with a direct attack by Sony on the "obvious harassment" of the PlayStation maker's leadership and suggestions from Nintendo and Google that they too could soon fight subpoenas.

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Bakkt to Enhance Focus on Scalable Business-to-Business-to-Consumer Solutions and Sunset Consumer App

Business Wire M&A

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it is furthering its focus on providing scalable business-to-business technology solutions and will be sunsetting its consumer-facing app. Bakkt will continue its core focus of providing businesses with crypto and loyalty experiences for their customers through SaaS and API solutions on a secure and compliant platform.

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How Asian banks are rethinking the payments game

Mckinsey and Company

Specialist players are disrupting payments and challenging banks to find a new playbook.

Banking 108
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Roadzen, Inc., a Leading Global Insurance Technology Company, Announces Plans to Become a Publicly Traded Company via Merger with Vahanna Tech Edge Acquisition I Corp.

Business Wire M&A

NEW YORK--(BUSINESS WIRE)--Roadzen, Inc. (“Roadzen”), a global insurance technology company, and Vahanna Tech Edge Acquisition I Corp. (“Vahanna”) (Nasdaq: VHNA), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement. Upon the closing of the transaction, the combined company will operate as Roadzen Inc. and expects to be listed on Nasdaq.

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Teddy Sagi launches £1.25bn takeover bid for Kape Technologies

Financial Times M&A

Take-private offer for UK-listed tech group comes amid complaints that London investors are failing to back digital start-ups

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How to Choose the Right ESOP Valuation Consultant?

RNC

Employee Stock Ownership Plans (ESOPs) are a popular employee benefit that provides employees with an ownership stake in their company. As a result, ESOP valuations are an essential aspect of ESOP administration and compliance. Let us take a look at why ESOP valuation is important and what are the key factors to consider when choosing an ESOP valuation consultant.

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US fintech FIS to spin off Worldpay payments business

Financial Times M&A

Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal

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7 Steps to Prepare Your Financial Services Audit Team for an Agile Transformation

Audit Board

Auditors in financial services face a broad spectrum of challenges as they tackle a dynamic and complex regulatory environment, rigid frameworks, and dated audit technology. A successful transition to agile auditing aids in overcoming these challenges and prepares the audit function for the rapidly evolving risk landscape of the future. An agile audit approach can help overcome common challenges for financial services audit teams.

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FIS/Worldpay: finserv group should not rush for a divorce

Financial Times M&A

Spinning off merchant payments arm seems straightforward but market headwinds complicate the way forward

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Nonprofits after the Great Resignation: Overcoming the workforce shortage

LaPorte

(authored by RSM US LLP) Nonprofits need to overcome the workforce shortage. Organizations must innovate because the labor market will remain tight for the foreseeable future. The post Nonprofits after the Great Resignation: Overcoming the workforce shortage first appeared on LaPorte.

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CMS Advises NatWest's £144M Bid For Pensions Tech Biz

Law 360 M&A

NatWest Group PLC said on Tuesday that it will buy a majority stake in Cushon, a pensions technology company, for £144 million ($176 million), to enable the bank to offer new savings products to commercial clients.

Banking 52
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Baymark Partners purchases Collins Communications

IBG Business

Private equity firm Baymark Partners has purchased Collins Communications, Inc., a Gillette, Wyoming, communications technology and internet services provider. IBG Business facilitated the sale, which closed December 30, 2022. IBG co-founding partner Gary Papay (Pennsylvania) led the transaction team. Terms of the sale were not disclosed at the parties’ requests.

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Some Things Change, Some Things Stay the Same: 2023 Investment Canada Act Thresholds Increase, Competition Act Thresholds Remain the Same

Deal Law Wire

The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have been updated for 2023. For the second year in a row, the Minister of Innovation, Science and Economic Development has announced that the threshold for pre-closing merger notifications under the Competition Act will not change this year; the transaction-size threshold will remain C$93 million.

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Make Your Property More Attractive to Boost Rental Income with These Tips

Financial Analyst Insider

Are you a property owner looking to boost your rental income? You can make your property more attractive and boost its value with the right The post Make Your Property More Attractive to Boost Rental Income with These Tips appeared first on Financial Analyst Insider.

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eBay Acquires AI-Based Marketplace Compliance Solutions Provider 3PM Shield For Undisclosed Sum

Benzinga

eBay Inc (NASDAQ: EBAY ) has acquired 3PM Shield LLC , a provider of advanced AI-based marketplace compliance solutions. Financial details of the transaction were not disclosed. The deal enhances eBay's monitoring solutions with new technologies designed to prevent the sale of counterfeit items, unsafe products and illegal goods. 3PM Shield will boost eBay's ability to address.

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Benchmark International Named Best Global Middle Market M&A Specialists

Benchmark Report

Benchmark International has been awarded Best Global Middle Market M&A Specialists 2023 by the prestigious M&A Today Global Awards , which recognize excellence in business on a global scale.This honor is a testament to our achievements and places us among the best in the industry.

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Accenture Acquires Morphus, Brazil-Based Cybersecurity Company

Business Wire M&A

FORTALEZA, Brazil & NEW YORK--(BUSINESS WIRE)--Accenture has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider.

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Valuing an Engineering Firm

Peak Business Valuation

The engineering services industry experienced a significant decline during the 2020 pandemic. This industry rises and falls on the shoulders of the economy. Although economic conditions have greatly improved, they continue to impact this industry. When valuing an engineering firm, a business appraiser at Peak Business Valuation considers many factors including the economy.